Peachtree Investment Partners LLC Takes $835,000 Position in Advanced Micro Devices, Inc. $AMD

Peachtree Investment Partners LLC bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 2nd quarter, Holdings Channel.com reports. The firm bought 1,437 shares of the semiconductor manufacturer’s stock, valued at approximately $835,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after buying an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after acquiring an additional 234 shares during the last quarter. Sivia Capital Partners LLC raised its stake in Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after acquiring an additional 2,970 shares during the period. United Bank lifted its holdings in Advanced Micro Devices by 22.0% during the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock valued at $1,881,000 after purchasing an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its holdings in Advanced Micro Devices by 361.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock valued at $1,310,000 after purchasing an additional 7,228 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Activity

In related news, EVP Paul Darren Grasby sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the completion of the transaction, the executive vice president directly owned 117,687 shares in the company, valued at $60,598,213.17. This represents a 11.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Ava Hahn sold 2,993 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total transaction of $1,462,649.17. Following the completion of the transaction, the senior vice president directly owned 26,623 shares of the company’s stock, valued at approximately $13,010,393.87. The trade was a 10.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 181,952 shares of company stock valued at $86,317,061. Corporate insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Rosenblatt Securities upped their price target on shares of Advanced Micro Devices from $665.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Citigroup upgraded Advanced Micro Devices from a “market perform” rating to a “buy” rating in a report on Wednesday, July 22nd. Argus upped their target price on Advanced Micro Devices from $450.00 to $625.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Loop Capital upgraded Advanced Micro Devices to a “strong-buy” rating in a research note on Tuesday, June 16th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a report on Monday, August 3rd. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and an average target price of $546.95.

Advanced Micro Devices Trading Up 0.6%

Shares of AMD opened at $469.45 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. Advanced Micro Devices, Inc. has a 52-week low of $149.22 and a 52-week high of $584.73. The firm has a market cap of $766.36 billion, a price-to-earnings ratio of 120.68 and a beta of 2.48. The business’s fifty day moving average is $512.16 and its 200-day moving average is $374.86.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.04. The business had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.Advanced Micro Devices’s revenue for the quarter was up 50.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.48 EPS. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Key Headlines Impacting Advanced Micro Devices

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: Coatue Management opened a new AMD position valued at approximately $55.8 million during the second quarter, signaling renewed institutional confidence in the AI infrastructure opportunity. Coatue Management Opens AMD Position
• Positive Sentiment: Google is reportedly collaborating with AMD on its 10th-generation TPU, potentially creating a major design win and strengthening AMD’s relationship with one of the largest AI infrastructure buyers. Google Reportedly Working With AMD on TPU
• Positive Sentiment: AMD appointed Tim Ryan to its board, adding technology, enterprise operations and financial-governance experience. The company also named KC McClure chair of its Audit and Finance Committee. AMD Appoints Tim Ryan
• Neutral Sentiment: AMD’s strong operating backdrop remains central to the bull case: latest reported revenue rose 50.1% year over year to $11.54 billion, while data-center growth and expanding AI demand support bullish analyst targets. However, the stock’s elevated earnings multiple leaves limited room for disappointment. AMD Valuation Analysis
• Negative Sentiment: Google’s expanding $120 billion custom-chip initiative, including a deeper relationship with Marvell, adds another competitor to AMD and Nvidia in AI inference workloads. The development has contributed to weakness across AI-chip shares. Google Expands Custom-Chip Push
• Negative Sentiment: ARK Invest sold 25,917 AMD shares across four ETFs while adding Nvidia, continuing a pattern of reducing AMD exposure. The move reinforces concerns about investor preference shifting toward AMD’s larger rival. ARK Invest Trims AMD
• Negative Sentiment: CEO Lisa Su and SVP Ava Hahn disclosed stock sales totaling roughly $8.7 million. Both transactions were made under pre-arranged Rule 10b5-1 plans, limiting their significance, but the sales may still weigh on sentiment. AMD Insider Sale Filings

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.